MahayanFX

Crude in an upward trending channel

Long
FX:USOIL   CFDs on Crude Oil (WTI)
1
It all very much depends on how crude react after the EIA figures in next few hours. My bias is up but for entry, we need to wait to get in around 33.40. For conservative entry, 32.90 to 33 even would be perfect spot for entry. For perma-bears, entry here (right now) at 34 poses good R:R.


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